{
  "ticker": {
    "uuid": "4ed25b70-8c1e-47fe-b940-fae8fe8f4b97",
    "symbol": "SWARAJENG",
    "name": "Swaraj Engines Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 59.119,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -20.893,
    "architecture_energy": 26.899,
    "architecture_maturity": 6.907,
    "architecture_confidence": 61.191,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 43.83,
        "rotation_up": 17.49,
        "upward_expansion": 17.57,
        "deceleration": 59.6,
        "rotation_down": 62.21,
        "downward_expansion": 42.57
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 3600.399902,
    "trend_reference": 3666.450578,
    "distance_from_trend": -0.018015,
    "trend_direction": "Weakening",
    "fair_value": 3144.24414,
    "distance_from_fair_value": 0.145076,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.305382,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.014797,
    "excess_performance": 0.058507,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.018015,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.002012,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.145076,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.156021,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.043054,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.083532,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.014797,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.249295,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 0.372726,
      "balance": 0.249295,
      "dry_up": 0.95857,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.043811,
      "annualized_volatility": 0.257379,
      "from_high_reference": -0.207833,
      "from_low_reference": 0.090601
    },
    "levels": {
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      "fair_value_reference": 3144.24414,
      "structural_low": 3301.300049,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
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        "horizon": "Near term",
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        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.011672,
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        "best_return": 0.103465,
        "worst_return": -0.067685,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "directional_follow_through": 0.857143,
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        "worst_return": -0.13452,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "positive_rate": 0.8,
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        "worst_return": -0.037485,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.025961,
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        "end": "2025-03-14",
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      },
      {
        "regime": "balance",
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      {
        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
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      {
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      },
      {
        "date": "2026-03-27",
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      },
      {
        "date": "2026-04-03",
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        "date": "2026-04-10",
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        "date": "2026-04-17",
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      },
      {
        "date": "2026-04-24",
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      },
      {
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
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      },
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      },
      {
        "date": "2026-07-03",
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 82968.45,
        "trend": 3670.197249,
        "fair_value": 3112.078103,
        "relative_strength": -1.037702,
        "stage": 3,
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        "modifier": "Early expansion",
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      },
      {
        "date": "2026-07-24",
        "close": 3569.0,
        "volume": 201157,
        "typical_volume": 86414.95,
        "trend": 3669.173918,
        "fair_value": 3122.742541,
        "relative_strength": -2.274713,
        "stage": 3,
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        "modifier": "Early expansion",
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        "direction": 0.492349,
        "energy": 2.062213,
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      },
      {
        "date": "2026-07-31",
        "close": 3628.699951,
        "volume": 42406,
        "typical_volume": 85165.35,
        "trend": 3667.113916,
        "fair_value": 3133.704334,
        "relative_strength": -2.972331,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.326894,
        "energy": 14.650128,
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          3669.739974,
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      },
      {
        "date": "2026-08-07",
        "close": 3600.399902,
        "volume": 30815,
        "typical_volume": 82674.75,
        "trend": 3666.450578,
        "fair_value": 3144.24414,
        "relative_strength": -4.305382,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.892511,
        "energy": 26.899365,
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      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}